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Re: Imott post# 27181

Thursday, 12/28/2023 10:14:49 AM

Thursday, December 28, 2023 10:14:49 AM

Post# of 27427
SBNY - important fact is that the guy that was in charge of commercial banking said he thinks around $400 per share before selling the high quality portfolio that had expectations of 70 to 80 percent minus FDIC fees.

Let's say the FDIC used preferred invitation only buyers and they got it for 60 percent and then the FDIC pulled a big one to get 50 percent fees instead of 10 or 20. This kind of milking would lead to shareholders only receiving $120 per share. If that happens, it is my opinion that some kind of investigation will occur to get us back up to a more reasonable 2 or 300 dollars per share. I do have trust as well and will be fine when the dividend is just paid out at around $250 or more. If the news is slow and it gets stuck at some big number anywhere from 10 to 100 I can still count those blessings.
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